RENEWING YOUR MORTGAGE You are now a home owner, you have settled into the new place and before you know it, your mortgage is up for renewal! What do you do…… Well, a common mistake we find is that most people just go back to their existing mortgage lender and sign a renewal, but wait…
As expected, the Bank of Canada refrained from cutting interest rates at today’s policy meeting. The recent economic news has shown a marked improvement, precluding the Bank from following on the previous two rate cuts this year. The key policy overnight rate is only 50 basis points (one-half of one percentage points) and another 25 basis
“A frequent question that clients ask me is “Why Work with a Mortgage Broker?” There is a common misunderstanding that by going direct to the bank, a borrower will get a better deal (or the same deal) and can therefore cut out the mortgage broker and their perceived cost / fees. This is often faulty
